Blackstone/GSO Loan Financing (‘BGLF’) is the only listed investment company on the London Stock Exchange that invests in European and US CLOs, the former complying with European CLO risk retention rules. The company is run by an experienced manager, GSO Capital Partners, part of The Blackstone Group (‘Blackstone’), in a low cost management structure with ongoing charges of just 0.5%. On top of that, the interests of company’s managers are well aligned with investors, since Blackstone holds a substantial proportion of the company’s shares.
07 Aug 2018
A good time to buy into CLOs
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
A good time to buy into CLOs
Blackstone Loan Financing Ltd. (BGLP:LON) | 49.7 0 0.0% | Mkt Cap: 220.0m
- Published:
07 Aug 2018 -
Author:
Martin McCubbin -
Pages:
20
Blackstone/GSO Loan Financing (‘BGLF’) is the only listed investment company on the London Stock Exchange that invests in European and US CLOs, the former complying with European CLO risk retention rules. The company is run by an experienced manager, GSO Capital Partners, part of The Blackstone Group (‘Blackstone’), in a low cost management structure with ongoing charges of just 0.5%. On top of that, the interests of company’s managers are well aligned with investors, since Blackstone holds a substantial proportion of the company’s shares.